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Rio Tinto - Risk Evaluation Scheme Q PDF
Rio Tinto - Risk Evaluation Scheme Q PDF
Class III and IV risks require active management. No action is required for Class I
and II risks, but they should be periodically monitored for any changes.
1
Evaluation scheme Project Level
Likelihood assessment:
Rare Unlikely Possible Likely Almost Certain
Consequence assessment:
Consider the extent of the impact if the risk were to occur. More than one consequence type could be
applicable. In this case, assess using each applicable type and select the highest consequence.